Can't find the home of your dreams due to the lack of inventory and an extremely competitive market? Why not build what you want? This 1. 7+/-acre lot has a septic design and Vermont Wastewater Permit for a 2 bedroom home. There is a wonderful spot at the crest of the hill to have your vision come to fruition which is out of the wetlands area and wetland buffer area. The Wetlands permit and mapping is in place so there is no guess work or extra time spent on researching what can be done there. There is a letter from the highway department with the proposal for the driveway to be built giving direct access to VT Route 14 for easy commuting. This parcel abuts the Vermont Boat Access to Greenwood Lake, providing a quick way to drop your boat, kayak or canoe in the Lake with little hassle. It is the best of both worlds of having a year round property that is almost like living right on the lake. There are covenants that will be placed on the property of no mobile homes, single or doublewide. This is a wonderful parcel that is part of a larger parcel but is ready to stand on its own for your new home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$57,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $45,600 | $45,600 | $45,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $311 | $303 | $385 |
Total Monthly Payment | $386 | $378 | $460 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.